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Indeed. Intel stagnated during the six-year period when their pitifully antiquated Netburst microarchitecture was slaughtered by AMD's K8 in practically every benchmark. Dell, IBM, and other vendors began offering AMD-based products during that time because Intel simply couldn't keep up. Only after a massive restructuring effort and the eventual emergence of the revolutionary Core did Intel begin to regain their place at the top.
The FTC's naming of nVidia is even more absurd. Intel does not make a discrete GPU. Their Larrabee project, something that would have competed with nVidia, has been delayed. Nvidia's market share dwarfs that of AMD/ATI, the only meaningful competitor in the discrete GPU market. My guess is that nVidia is gunning for the x86 ISA to finally be able to make their own CPUs.